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Author Question: The following regression model has been computed based on a sample of twenty observations: = 34.2 + ... (Read 79 times)

charchew

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on: Jun 24, 2018
The following regression model has been computed based on a sample of twenty observations: = 34.2 + 19.3x. The first observations in the sample for y and x were 300 and 18, respectively.
 
  Given this, the residual value for the first observation is approximately 81.6. Indicate whether the statement is true or false

Question 2

Models can be specified as linear or nonlinear.
 
  Indicate whether the statement is true or false


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jonathanballen97

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

TRUE


charchew

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

adammoses97

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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